Zero Trust Security Market - Trends Forecast Till 2028

Zero Trust Security Market, by Solution Type (Data Security, Endpoint Security, API Security, Security Analytics, Security Policy Management), Deployment Type, Authentication Type, Organization Size, Vertical and Geography (North America, Europe, Asia-Pacific, Middle East and Africa and South America)

Published Date: December, 2021

Base Year Estimate: 2020

Report ID: D-IT-ZTSM-1074

Format:  

Number of Pages: 343

Domain: IT & Telecom

Zero Trust Security Market – Trends Forecast Till 2028

The global zero trust security market size is projected to reach USD 51.8 billion by 2026 at a CAGR of 17.6% from USD 19.8 billion in 2021 during the forecast period 2021-2028.

Zero trust is a network defence system which allows the restricted control of network, environment and applications to the user without having a dig at their experience. The basic principle behind the Zero Trust Security is continuous verification and limited and control access.

With the increased incidents of cyber-attacks and the surged regulation of data are some of the factors that have supported long-term expansion for Zero Trust Security Market.

The COVID-19 pandemic is causing widespread concern and economic hardship for consumers, businesses, and communities across the globe. Due to the recent cyber-attacks, and the penetration of digitalization has led to a significant increase in the market.

Zero Trust Security Market Research Report

North America is expected to be the largest market during the forecast period. Strategic investment in the sector along with the increased research and development in the sector has led to the expansion of market in the region.

Zero Trust Security Market is segmented into Solution Type, Deployment Type, Authentication Type, Organization Size, Vertical and geography.

On the basis of Solution Type

  • Network Security
  • Data Security
  • Endpoint Security
  • Security Orchestration Automation and Response
  • API Security
  • Security Analytics
  • Security Policy Management
  • Others

On the basis of Deployment Type

  • On-Premises
  • Cloud

On the basis of Authentication Type

  • Single-factor Authentication
  • Multi-factor Authentication

On the basis of Organization Size

  • SMEs
  • Large Enterprise

On the basis of Verticals

  • IT and ITES
  • Financial and Insurance
  • Healthcare and Social Assistance
  • Retail Trade
  • Utilities
  • Others

On the basis of Region

  • Asia Pacific
  • North America
  • Europe
  • South America
  • Middle East & Africa

Insights are provided for each region and major countries within the regions

Zero Trust Security Market Primary Respondent

 

Key Players

  • Cisco Systems Inc.
  • Akamai Technologies
  • Palo Alto Networks
  • IBM Corporation
  • Symantec Corporation
  • FireEye Inc.
  • McAfee Corporation
  • QNext Corporation
  • Google LLC
  • Microsoft Corporation
  • VMWare Inc.
  • Fortinet
  • Cloudflare Inc.
  • SonicWall
  • Varonis Systems
  • Pulse Secure
  • ON2IT

Recent Developments

  • In June 2019, PureSec was completely acquired by Palo Alto Networks so as to improve its Prisma offering.
  • In May 2019, Okta inaugurated its first office in Germany thus enabled the company to expand its footprint in the Europe region.

Reasons to Acquire

  • Increase your understanding of the market for identifying the best and suitable strategies and decisions on the basis of sales or revenue fluctuations in terms of volume and value, distribution chain analysis, market trends and factors
  • Gain authentic and granular data access for Zero Trust Security market so as to understand the trends and the factors involved behind changing market situations
  • Qualitative and quantitative data utilization to discover arrays of future growth from the market trends of leaders to market visionaries and then recognize the significant areas to compete in the future
  • In-depth analysis of the changing trends of the market by visualizing the historic and forecast year growth patterns

Report Scope

 

Report Feature

Descriptions

Market Revenue In 2021

USD 19.8 billion

Growth Rate

CAGR of 17.6% during the forecasting period, 2021-2028

Historical Data

2018-2019

Forecast Years

2021-2028

Base Year

2020

Units Considered

Revenue in USD million and CAGR from 2021 to 2028

Report Segmentation

Solution Type, Deployment Type, Authentication Type, Organization Size, Vertical and geography

Report Attribute

Market Revenue Sizing (Global, Regional and Country Level) Company Share Analysis, Market Dynamics, Company Profiling

Regional Level Scope

North America, Europe, Asia-Pacific, South America, and Middle East and Africa

Country Level Scope

U.S., Japan, Germany, U.K., China, India, Brazil, UAE, South Africa (50+ Countries Across the Globe)

Companies Profiled

Cisco Systems Inc. , Akamai Technologies , Palo Alto Networks , Okta Inc. , Check Point Software Technologies , Trend Micro Inc. , IBM Corporation , Symantec Corporation , FireEye Inc. , McAfee Corporation , Forcepoint , RSA Security , Centrify , Cyxtera Technologies , Illumio , Sophos Group PLC , QNext Corporation ,  Google LLC , Microsoft Corporation , VMWare Inc. , Fortinet , Cloudflare Inc. , SonicWall , Varonis Systems , Pulse Secure and ON2IT

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